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The trade today is to move out of NPER into MDMN. You'll get 3x your value. NPER should be 1/10 of MDMN.
Yes.
I think you are barking up the wrong tree.
People's ratios are off.
There are way to many wild cards to try and figure out what it will be.
Not only percentage of property, who is better prepared to promote, outstanding stock, float, LDM and the two P properties.
I think over the long run we'll see MDMN pass CDCH.
Short-term who knows because CDCH has almost to float.
Les is in the office.
While we wait with light volume I think MMs will use those flipping between the two to lower the price of both.
No, not long-term. Maybe short-term.
It cost over $10 million and at the time MDMN bought it, gold was trading at $270 / oz and none of this was economical.
Seems your expectations are wrong a lot when it comes to MDMN and CDCH. You said 1 in 10 chance to get above $0.07 a few weeks ago.
My fellow longs, don't let the gnats bother you. You own a juggernaut.
Not when they bought at .12 and dumped at .06 because someone scared them out of their shares. Meanwhile I bought at .01, .02, .03, .04 and more at .067
Once in a lifetime deal here.
Yes. And the people who sold in the panic form .10 to .06 will be buying back in the next day or two from .10 to .15
I don't care to guess, but it will be explosive. The pain, suffering, and retribution will be dished out mercilessly to those who have shorted this stock and tried to suppress and destroy MDMN and CDCH. Those of us who have invested here and believed in the mountain will be richly rewarded. The rise is going to be like a rocket.
It is exciting. I so wish people short into the entire run that begins tomorrow. It would be delightful. VW anyone?
MDMN and CDCH are going to rock the investment world! Long shareholders, you are going to be vindicated. The companies and our new big brothers will take care of that.
The pain and suffering that we have endured from short sellers is going to be multiplied back to them. Remember, there is no end to loss when you sell short.
MDMN is at 0.08 after a run into the upper teens. Only reason down here at this point is because the launch was delayed. Right now we just know there is a signed JV. When the details are revealed on the deal JJ put together we fly. Is it still as good or better than what he talked about at the last AGM?
Gold, copper, moly. I already know some shareholders who are multi millionaires because of this first move. I am looking to join them in the next.
Long shareholders, don't bother arguing minor points for or against the company.
This company is an easy target. There are red flags everywhere. Very little can be independently verified by your common investor. It costs a significant amount of money and very good connections in order to properly conduct due diligence on MDMN and CDCH.
Most of the investors have not done that. And without it, you cannot answer the arguments against the company or stand up very well to the pressures and red flags that cause doubt.
When MDMN delivers on what JJ talked about in the previous AGM, you won't need to worry about defending this. Naysayers will scurry off to another easy target that they can kill.
MDMN will vindicate you and your portfolio. Meanwhile, let them have their day in the darkness (if you can call going from .02 to .08 dark). The light is about to be turned on.
What do you get when you mix the following ingredients?
1. A penny stock exploration company that trades on the pink sheets, has 1.5B authorized, owns a portion of some mountain in Chile, and doesn't report.
2. A former CEO named Les Price, and all of his history (widows, bermuda shorts).
3. Lots of false starts, missed deadlines, and atrocious communication with shareholders.
4. Some real pumpers associated with the company who again and again would promote the company but never got any traction.
Gee, that sounds like 99.9% of the companies that trade in this market. It's got red flags everywhere. It smells real bad. It's a dream company for shorters. They can attack, let it run, attack more, let it run, attack more, etc. It's a virtual ATM machine. You could short 1.5 billion shares and never cover.
That is what we have with MDMN. This company has been shorted more than its entire issued, twice over. I know several individuals alone who have over 30 million shares each, and dozens of shareholders in the 6 to 15 million share range.
Now what happens when that little "scam" of a company turns out to be the 0.01% of the companies in this market that actually has something? What happens when this little band of misfits has a property that potentially is worth billions? What happens when they enter a JVA and sell a portion of their land for 8 or 9 figures? What happens when they begin to drill and prove up one, or two copper, gold, moly porphyries given the current metals market? What happens when it is eventually demonstrated that the value of the land they own is worth BILLIONS?
This company is a spring that has been compressed ultra tight. It started to be released at the announcement that a JVA was signed. Get ready for when it is fully unleashed.
The bear trap has been set. There is no getting out of it at this point. They can delay by doing what they have already done, but it won't last. At some point the deal is going to close. We already have our big brother with the signed agreement.
The ride up is going to be fast and furious!
Great day. Good to lose traders and weak hands before the next leg up.
You may be surprised what happens tomorrow and the next day or two.
You're in la la land. Nobody is trying to raise funds. They've already got enough for CapEx on this. This is big money.
Bingo! You win.
indy, why don't you ask quietwon if his fund friends really bought shares. How does he know. Did he see the trasnsactions.
Dude, investing has risk. Get it? Risk. You don't know everything that's why you invest and gain or lose. What about that concept escapes you? You are more cut out for a CD.
You might want to ask wmo that question. He is the one who stated it.
Also, if you are now going to question everything that the company has put out then sell. Get a backbone, make a decision, and stick with it. Nobody is going to be responsible for your investment. Be a man. Take your profit and move forward or stick with it.
But at this point after you've been here for 7 or 8 years or however long you say you are here, you are asking this question? You've got to be kidding me.
Medinah Minerals stated on their official web site:
Own both adjust after you see the news is what was recommended to me.
Good advice. I think I'll take it. I forgot to use the ignore button on him. Is now.
I think the market is telling you that percentage is not accurate or the other intangibles are worth more than you think.
I suppose that is correct in some way. Both properties would be in any JVA package.
But until we know the terms and percentages trying to figure out a fundamental ratio is ludicrous. On top of that, MDMN has much more than just the Lipangue JV.
Also, in some cases a low float is an advantage. In others it's a detriment. If I was looking for liquidity (like a fund would look for) I would much prefer buying into a 670 million float than a 200 million float that has 80%+ in certificate form.
All I'm saying is the stocks trade at what the trade at. My complaining about it isn't going to change that. I know what I want, I take what the market gives me.
Perhaps MDMN is overvalued, CDCH is undervalued, or maybe your percentages are off. As far as I know, they have not been determined yet. Also, MDMN has more than just the Lipangue, CDCH does not. Rumor indicates MDMN has a professional PR firm hired and ready to promote a deal once it occurs. I haven't heard that rumor for CDCH. So there are lots of possible reasons for the discrepancy.
Neither one of these trade on fundamental value at this point. No stocks trade purely on fundamental value. Figure the ratio the best you can and adjust when you think its out of position.
I don't know what the split is going to be on those sisters, I mean companies, but I own both. And I like the mountains, I mean properties, there is some gold there. ;)
It's about nothing. It's a stupid web site that auto generates information based on history to try and get you to go to it when you search for Medinah Minerals so you can click on the ad links on its page so it can make money.
Please don't tell me folks are this naive.
What kind of person thinks the company sucks, doesn't believe they'll announce anything by the 15th, brags about not drinking the kool-aid, and yet holds at $0.18 on over 5x profit?
One down. Four to go. At most.
Worked for me. Awesome pics, aren't they?
I feel bad for people who get shaken out of their shares and are emotionally affected during the short-term while they listen to baseless cries from the likes of momo, chewbaka, and others.
Frankly some of you who don't like them were saying similar things when we were at $0.02.
I can understand why you do. Most pink sheet penny stocks that run don't really have much. It is best to sell. This is going to be the exception to the rule.
Yea, I know, they all say that.
It doesn't affect me but it does affect people I care about. So choose your pain.
Do you want to live with the pain of loss (if this goes down and doesn't recover?)
Or do you want to live with the pain of regret (when they close the JV and we are looking at one of the greatest stories of the company that actually makes it and is the reason people actually buy pink sheets to begin with?)
If I sell now and it goes down, I do ok and make some money.
If I sell now and it goes up, I live with the regret of knowing I had a life changing winning lottery ticket in my hand and I took chump change for it.
There was a post on TheMiningPlay.com with brokers that would take MDMN and CDCH certs. I don't recall who they were, but three were listed.
Anyone recall those?